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Tomasina's Group
In this Group: Tomasina, Ana, Teofila, Marileidy, Luisa
Tomasina is a hard-working woman and the proud mother of two beautiful sons. Recently, Tomasina decided to start a business selling house wares and kitchen items to the women of her community. Her business allows her to supplement the family’s income and helps her husband face their financial burdens. Tomasina plans on using her loan to add new items to her stock in order to increase her sales volume and her income. Tomasina says she’d like to buy a house so that her children can live comfortably, but that’s down the road.

Tomasina has requested this loan together with the following women:

Ana B. L., an active entrepreneur who sells women’s clothing.

Teofila L. S., who will use the money to buy shoes and pants for her small store.

Marileidy J. M., who sells clothing.

Luisa S. G., who will buy clothing in bulk.

Order of appearance in the picture, left to right: Ana B. L., Tomasina T. M., Teofila L. S., Marileidy J. M. and Luisa S. G.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Dominican Republic

  • $7,611
    Average annual income
  • 2
    View loans »
    Dominican Republic Loans Fundraising
  • $8,061,225
    Funds lent in using Kiva
  • 34.1
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Tomasina's Group's $1,600 loan helped a member to purchase inventory to resell in the community.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 17, 2008
Listed
Apr 20, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2008